Wouldn’t it be great if everyone could refinance their debts at negative rates? Like, maybe -100%. Or, is this just for the sorcerers themselves?
“The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term,” he said.
Who cares, right? We owe it to ourselves!